HSBC Names Ex-Asia Head of International Wealth

London-headquartered HSBC has hired a former Banco Santander executive to oversee its wealth business outside of Asia.

HSBC has appointed Victor Matarranz as head of international wealth and premier banking (IWPB), Americas and Europe, according to a statement, effective October 1. In the role, he will be responsible for expanding the bank’s wealth businesses across the two regions, including the US, Mexico and Channel Islands and Isle of Man, and unlocking new opportunities in key global corridors.

He will relocate to London from Madrid for the role and also join the global IWPB operating committee.

Matarranz joins from Banco Santander, where he spent 13 years in senior leadership roles in Madrid and London, most recently as the global CEO of wealth management and insurance. Prior to that, he was also a partner at McKinsey & Company, advising banks in the Americas and Europe for more than a decade on distribution, digitalization and new business development.

«We’re excited to welcome Victor whose broad experience in leading wealth businesses in these regions will help us sharpen our focus on serving affluent to ultra-high net worth clients onshore and across global corridors,» said Barry O’Byrne, CEO, IWPB.